USU Software AG Secures Contract with US Financial Services Company for Asset Management Solution

USU Software AG announced on April 3, 2024, that a global financial services provider has chosen USU's software and services to enhance its software asset management (SAM) across the organization. The contract, including implementation in the client's data center and associated services, is valued in the seven-figure range.

The selection of USU was driven by the functionality of its SAM software, particularly its exceptional discovery features, comprehensive managed services, consulting expertise, and a proven track record in executing complex projects. After a detailed evaluation and a successful proof of concept, USU outperformed two other competitors to become the chosen solution provider for the client.

A critical component of the USU SAM solution for the client is the Oracle-verified SAM module, designed to bring cost transparency into the complex Oracle contracts of the client, optimizing ongoing IT investments. USU’s Managing Director, Sven Kolb, expressed satisfaction with the partnership, highlighting the anticipated benefits for the client including significant cost savings, minimized risks, and an expected return on investment within 9-12 months.